Scientific-Atlanta Inc. is laying off 400 employees, or roughly 6 percent of its work force, as part of restructuring.
The layoffs, which are companywide, come exactly one month after 1,300
employees were laid off in S-A's Juarez, Mexico, manufacturing facility.
The company said most of the reductions are effective immediately, but
some will occur over the next several months.
It's anticipated that the company will realize approximately $40 million in
savings per year as a result of the restructuring.
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